Leading fund manager says share markets are ‘close to midnight’ – Motley Fool Australia

Picking the top or the bottom of a share market has always been a dangerous game. Those who manage it (even once) are lauded as ‘share market gurus’ and are seemingly given license to predict future share market events forevermore. Yet, fuelled by our insatiable appetite for trying to predict the future, investors persist at these attempts. 
Still, there’s a difference between purely trying to call the top or bottom of a market and highlighting risk factors that one might see in today’s investi…

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